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Lincoln National Corporation director reports additional phantom stock units. On 12/31/2025, the director acquired 1,010.55 phantom stock units tied to Lincoln National common stock at a price of $44.53 per unit under the Deferred Compensation Plan for Non-Employee Directors. These units are payable only in shares of common stock when the director resigns or retires, although the account can be shifted into an alternative investment option at any time.
After this transaction, the director beneficially owned 38,901.02 phantom stock units. This total includes 415.36 units that were added through dividend reinvestment since the prior report.
Lincoln National Corp (LNC) reported an insider equity transaction by one of its directors. On 12/31/2025, the director received 1,010.55 phantom stock units, each tied to one share of Lincoln National common stock, at a reference price of $44.53 per unit. These units represent the quarterly payment of the board retainer and fees under the company’s Deferred Compensation Plan for Non-Employee Directors and are payable in common stock when the director resigns or retires. After this grant, the director beneficially holds 73,249.87 phantom stock units, which includes 791.91 shares accumulated through dividend reinvestment since the prior report.
Lincoln National Corporation director reports additional phantom stock units as board compensation. On 12/31/2025, the director received 1,010.55 Phantom Stock Units at a reference price of $44.53 per unit under the Deferred Compensation Plan for Non-Employee Directors. Each Phantom Stock Unit is equivalent to one share of Lincoln National common stock and is payable solely in common shares upon resignation or retirement. After this transaction, the director beneficially owns 94,136.58 Phantom Stock Units, which includes 1,020.88 shares acquired through dividend reinvestment since the last report. The filing is made by a single reporting person in the capacity of Director.
Lincoln National Corporation director reports deferred stock compensation. A company director filed a Form 4 showing the acquisition of 1,684.26 Phantom Stock Units on 12/31/2025. Each Phantom Stock Unit is the equivalent of one share of Lincoln National common stock.
The units represent the quarterly payment of board retainer and fees in phantom stock under the Deferred Compensation Plan for Non-Employee Directors, and are payable in shares of common stock at resignation or retirement. After this transaction, the director beneficially owned 21,625.81 Phantom Stock Units, which includes 218.60 shares accumulated through dividend reinvestment since the last report.
Lincoln National Corp director reports phantom stock grant linked to board compensation. On 12/31/2025, the director acquired 1,010.55 Phantom Stock Units, each equivalent to one share of Lincoln National common stock, at a price of $44.53 per unit. These units were issued as the quarterly payment of the board retainer and fees under the company’s Deferred Compensation Plan for Non-Employee Directors and are payable solely in shares of common stock upon resignation or retirement.
Following this transaction, the director beneficially owned 3,888.82 Phantom Stock Units, which includes 31.56 shares acquired through dividend reinvestment since the prior report. The director may transfer the phantom stock account into an alternative investment account at any time.
Lincoln National Corp director reported receiving additional deferred equity compensation. On 12/31/2025, the director acquired 1,010.55 Phantom Stock units, each equivalent to one share of Lincoln National common stock, at a reference price of $44.53 per unit under the company's Deferred Compensation Plan for Non-Employee Directors.
These Phantom Stock units are payable solely in shares of common stock upon the director's resignation or retirement, and the director may transfer the Phantom Stock account into an alternative investment account at any time. After this transaction, the director beneficially owned 27,302.62 derivative securities, which includes 288.22 shares accumulated through dividend reinvestment since the last report.
Lincoln National Corp. director reported a routine equity-based compensation event. On 12/31/2025, the director acquired 1,010.55 phantom stock units, each equivalent to one share of Lincoln National common stock, at a derivative price of $44.53 per unit under the Deferred Compensation Plan for Non-Employee Directors.
These phantom stock units represent deferred board retainers and fees, which are payable solely in shares of common stock upon the director’s resignation or retirement. After this transaction, the director beneficially owns 28,097.42 phantom stock units, which includes 296.94 shares accumulated through dividend reinvestment since the prior report.
Lincoln National Corp director reports phantom stock grant
A director of Lincoln National Corp received 1,347.41 Phantom Stock Units on 12/31/2025 as part of quarterly board retainer and fees under the Deferred Compensation Plan for Non-Employee Directors. Each Phantom Stock Unit is equivalent to one share of LNC common stock and is payable in shares of common stock upon resignation or retirement. Following this grant and prior dividend reinvestment, the director beneficially owns 190,648.22 derivative securities, including 2,075.15 shares acquired through dividend reinvestment, all held in a direct ownership form.
Lincoln National Corp director reports additional phantom stock units. On 12/31/2025, the director acquired 1,010.55 phantom stock units, each equivalent to one share of LNC common stock, at a price of $44.53 per unit. These units were issued as the quarterly payment of the board retainer and fees under the Deferred Compensation Plan for Non-Employee Directors and are payable in shares of common stock at resignation or retirement. Following this transaction, the director beneficially owned 45,474.49 derivative securities, including 487.43 shares accumulated through dividend reinvestment.
Lincoln National Corporation has filed a "shelf" registration that allows it and future selling securityholders to offer, from time to time, various securities including debt securities, common stock, preferred stock, warrants, depositary shares, stock purchase contracts and stock purchase units. The registration covers an unspecified amount of each class, giving flexibility to structure offerings in different combinations, including securities that are convertible, exercisable or exchangeable into other Lincoln National securities.
Offerings may be made on a continuous or delayed basis through underwriters, dealers, agents or directly to investors, with pricing and other terms set in a later prospectus supplement. Net proceeds to Lincoln National, when it is the issuer, will be used as described in the relevant supplement, while selling securityholders will receive any proceeds from their own sales. The filing incorporates Lincoln National’s ongoing SEC reports by reference, and highlights that investing in these securities involves risks discussed in separate risk factor sections. The company’s common stock trades on the New York Stock Exchange under the symbol LNC.